Common use of Quoting Errors Clause in Contracts

Quoting Errors. Should a quoting error occur due to a mistype of a quote or a misquote given by telephone and/or electronic means (including responses to Customer requests), XXXXX.xxx is not liable for any resulting errors in Account Balances and reserves the right to make necessary corrections or adjustments on the Account involved. Any dispute arising from such quoting errors will be resolved on the basis of the fair market value, as determined by XXXXX.xxx, in its sole discretion, of the relevant Currency at the time such an error occurred. In cases where the prevailing market represents prices different from the prices XXXXX.xxx has posted on our screen, XXXXX.xxx will attempt, on a best efforts basis, to execute trades on or close to the prevailing market prices. These prevailing market prices will be the prices, which are ultimately reflected on the Customer Statements. This may or may not adversely affect customer realized and unrealized gains and losses.

Appears in 5 contracts

Samples: Customer Agreement, Customer Agreement, Customer Agreement

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Quoting Errors. Should a quoting error occur due to a mistype of a quote or a misquote given by telephone and/or electronic means (including responses to Customer requests), XXXXX.xxx is not liable for any resulting errors in Account Balances and reserves the right to make necessary corrections or adjustments on the Account involved. Any dispute arising from such quoting errors will be resolved on the basis of the fair market value, as determined by XXXXX.xxx, in its sole discretion, of the relevant Currency at the time such an error occurred. In cases where the prevailing market represents prices different from the prices XXXXX.xxx has posted on our screen, XXXXX.xxx will attempt, on a best efforts basis, to execute trades on or close to the prevailing market prices. These prevailing market prices will be the prices, which are ultimately reflected on the Customer Statements. This may or may not adversely affect customer realized and unrealized gains and lossesandlosses.

Appears in 4 contracts

Samples: Customer Agreement, Customer Agreement, Customer Agreement

Quoting Errors. Should a quoting error occur due to a mistype of a quote or a misquote given by telephone and/or electronic means (including responses to Customer requests), XXXXX.xxx Xxxxxxxxxxx.xx is not liable for any resulting errors in Account Balances and reserves the right to make necessary corrections or adjustments on the Account involved. Any dispute arising from such quoting errors will be resolved on the basis of the fair market value, as determined by XXXXX.xxxXxxxxxxxxxx.xx, in its sole discretion, of the relevant Currency at the time such an error occurred. In cases where the prevailing market represents prices different different from the prices XXXXX.xxx Xxxxxxxxxxx.xx has posted on our screen, XXXXX.xxx Xxxxxxxxxxx.xx will attempt, on a best efforts efforts basis, to execute trades on or close to the prevailing market prices. These prevailing market prices will be the prices, which are ultimately reflected reflected on the Customer Statements. This may or may not adversely affect affect customer realized and unrealized gains and losses.

Appears in 2 contracts

Samples: Foreign Exchange Customer Agreement, Terms and Conditions

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Quoting Errors. Should a quoting error occur due to a mistype of a quote or a misquote given by telephone and/or electronic means (including responses to Customer requests), XXXXX.xxx GAIN Capital is not liable for any resulting errors in Account Balances and reserves the right to make necessary corrections or adjustments on the Account involved. Any dispute arising from such quoting errors will be resolved on the basis of the fair market value, as determined by XXXXX.xxxGAIN Capital, in its sole discretion, of the relevant Currency at the time such an error occurred. In cases where the prevailing market represents prices different from the prices XXXXX.xxx GAIN Capital has posted on our screen, XXXXX.xxx GAIN Capital will attempt, on a best efforts basis, to execute trades on or close to the prevailing market prices. These prevailing market prices will be the prices, which are ultimately reflected on the Customer Statements. This may or may not adversely affect customer realized and unrealized gains and losses.

Appears in 1 contract

Samples: Customer Agreement

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